TVS, Eicher Motors may be the best bets among two-wheeler stocks; check why

On the other hand, Bajaj-Auto and Hero Moto Corp need to adhere their key supports levels to keep the positive bias intact.

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Here's why TVS Motor, Eicher Motors seem to be the best trading bets among two-wheelers, charts suggest

Avdhut Bagkar Mumbai
Whenever a stock outperforms the benchmark indices, especially in times when the overall markets are volatile and unpredictable, the trading fraternity tends to set a closer eye on such stocks. This is the case with two-wheeler stocks TVS Motor Company and Eicher Motors.

Shares of TVS Motor have zoomed 85 per cent so far this year, recording new historic peaks on successive basis, whereas Eicher Motors continues to hover around its all-time high and has soared 40 per cent till date.

Among other two-wheeler stocks - Bajaj Auto and Hero MotoCorp too have logged strong gains, rising up to 15

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First Published: Oct 20 2022 | 12:19 PM IST

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